UPSC Prelims Practice Questions — A budgetary signal as banks cannot bear it all

Q1. As per the NITI Aayog report 'Deepening the Corporate Bond Market in India', what was the approximate outstanding issuance of India's corporate bond market in FY2025?

  • A. ₹17.5 trillion
  • B. ₹35.2 trillion
  • C. ₹53.6 trillion
  • D. ₹78.4 trillion

Q2. The proposal to set up a 'High Level Committee on Banking for Viksit Bharat' to comprehensively review the financial sector and align it with India's next phase of growth was announced in which one of the following Union Budgets?

  • A. Union Budget 2023-24
  • B. Union Budget 2024-25
  • C. Union Budget 2025-26
  • D. Union Budget 2026-27

Q3. Among India's debt market segments, which one of the following is the largest in terms of outstanding stock as a proportion of GDP?

  • A. Corporate bonds
  • B. Municipal bonds
  • C. Government Securities (G-Secs)
  • D. Commercial paper